broadcom
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Key Points Broadcom is one of the major tech companies trading back at all-time highs.They’re well-positioned to capitalize on the AI wave.Even with the recent rally, their P/E ratio is still a tenth of Nvidia’s.5 stocks we like better than BroadcomWhen it comes to semiconductor stocks in recent weeks, Nvidia Corp (NASDAQ:NVDA) may have been grabbing most of the headlines, but they’re not the only chipmaker whose stock has been soaring. Shares of Broadcom Inc (NASDAQ:AVGO), with a market cap about a third the size of Nvidia’s, have also been enjoying a near-vertical rally. Find A Qualified Fin...
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Juniper Networks is fundamental to the internet, networking, and communications, yielding 2.8%.Cisco Systems is equally essential to the system and is yielding 3.1%.Broadcom has the highest value but is still cheap at 15.5X earnings and paying 2.9% in yield.5 stocks we like better than BroadcomDefensive stocks like Juniper Networks (NYSE:JNPR), Cisco Systems (NASDAQ:CSCO) and Broadcom (NASDAQ:AVGO) should be on your radar, given the mounting economic uncertainty. As strained as the outlook is, these companies continue to report and forecast growth due to their industry and positions. Q4 2022 h...
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Broadcom Inc.’s business is driven by a shift to next-gen products.Q3 results are better than expected and so is Q4 guidance.The analyst rate the stock a Moderate Buy and like what they’re seeing.It is no surprise to hear that Broadcom Inc’s (NASDAQ:AVGO) business is getting boosted by a shift to next-gen technology. Not only are the company’s next-gen products worth using but the pandemic and stimulus and the ensuing spending and inventory-clearing the followed in their wake set the chip industry up for just such an event. It makes no sense to restock the figurative shelves with old goods whe...
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